Established in 2008 as the institutes first club, the finance club has progressively evolved into a strong platform for building a long standing and mutually beneficial relationship between the corporates and the student community. The principal activities of the club are to publish the magazine – Niveshak, organize finance knowledge session, conduct events and manage the Niveshak Investment Fund (NIF). NIF is a diversified equity portfolio that aims for growth, through a focused and optimally diversified portfolio strategy, the fund aims to optimize the risk adjusted return by building a portfolio of large and mid-cap stocks across sectors, selected as per a sector choice methodology developed by the members of the club.
The club organizes various events like FinDrishti, Dalal Street, ComTrade and FinManch to facilitate learning for students in the domain of finance and economics. In association with ICICI Direct the club also conducts a virtual trading contest – StockMind, which encourages the students to learn the nuances of the stock market. The club also partners with various online training academies, to encourage students in grooming their finance knowledge by registering for finance certification courses, such as FLIP challenge, FinSiksha and White Knight Ventures.
Our achievements for the year include emerging as national winners for the Yes Bank Transformation series 2016, emerging as national winners of the Stock Maniac competition held by IIM Ahmedabad, securing multiple ranks among the top 100 in exams held by FLIP among many more.
The club members actively organize regular knowledge sharing sessions, where the trending topics will be discussed to keep the batch abreast with the current affairs in the world of finance.